March 14, 2019

Gem Diamonds nets $8.8 million for 13.3 carat pink rock

The price per carat was $657,000 — a record for a diamond found at Gem’s Letšeng mine in Lesotho.

March 14, 2019

Pan African Minerals’ $2.2B claim over giant manganese deposit contract dismissed by court

Tambao, one of the world’s largest manganese mines, has been halted since 2015 after Burkina Faso's new government ordered the company to stop production.

March 13, 2019

Sierra Leone sees IMF support as crucial to luring investors

Once one of the great hopes of West African mining, Sierra Leone was hit by the iron-ore price collapse and the Ebola epidemic around the same time.

March 13, 2019

South Africa union threatens Eskom ‘shutdown’ ahead of vote

The labor group is planning a march to the ruling African National Congress’s Johannesburg headquarters on March 30.

March 13, 2019

Gem Diamonds posts record results, but withholds dividend

The company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.

March 12, 2019

Hudbay moves one step closer to Rosemont construction with water permit

Hudbay Minerals has received the last key permit it needs to start building its Rosemont mine in Arizona.

March 11, 2019

South Africa’s alluvial diamond miners hampered by lack of government support, funding and inappropriate regulations

The alluvial diamond mining industry has attempted to highlight the diversity of the junior mining sector and the challenges of the ‘one size fits’ all approach to minerals policy by…

March 11, 2019

SEMAFO and Savary Gold join forces to expand in Burkina Faso

The deal will allow the Canadian miners to consolidate their Karankasso and Mana properties.

March 11, 2019

Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Under the deal, Barrick will take a 61.5% stake in the joint venture consisting of the duo’s Nevada mines, with Newmont holding the remainder.

March 10, 2019

Rwanda aims to sell stake in cement firm Cimerwa this month

A construction boom in Rwanda has driven up demand for cement as the government builds roads, power plants and a new international airport.